For the past 15 years Derek has been building communities. He is the co-founder/CEO of Bevy, a SaaS product that helps companies like Salesforce, Atlassian, Google, Snowflake, and Adobe build virtual and in-person communities. Bevy has raised $60M from Accel, Upfront Ventures, and others. He co-founded Startup Grind, a community of 600 Chapters in 125 countries educating, inspiring, and connecting startup people. Since 2012 Startup Grind has hosted 20,000 events. In 2010 he co-founded Commonred which was acquired by Income.com. Derek also previously worked as a product manager at Electronic Arts. He currently lives in Palo Alto CA with his wife and four children.

Always learning when I’m with Tim Draper.

Derek Andersen

For the past 15 years Derek has been building communities. He is the co-founder/CEO of Bevy, a SaaS product that helps companies like Salesforce, Atlassian, Google, Snowflake, and Adobe build virtual and in-person communities. He co-founded Startup Grind, a community of 600 Chapters in 125 countries educating, inspiring, and connecting startup people. Since 2012 Startup Grind has hosted 10,000 events for more than 500,000 people. In 2010 he co-founded Commonred which was acquired by Income.com. Derek also previously worked as a product manager at Electronic Arts. He currently lives in Palo Alto CA with his wife and four children.

Funding the future first | Founder at Draper Associates / DFJ / Draper University

Just wrapped up an incredible conversation with the Divot team about Bitcoin, entrepreneurship, and why California needs to wake up.

A couple things we covered:

𝗢𝗻 𝗕𝗶𝘁𝗰𝗼𝗶𝗻:

I bought my first bitcoins at $4. 

Lost everything to Mt. Gox.

Bought back in in a US Marshall's auction when I paid over market at $632.

People thought I was crazy when Bitcoin was at $180 in 2014 and  I predicted $10,000 by 2017. Three years to the day later, it hit exactly that.

My next prediction was thwarted by a misguided administration. Now, we are back on track. 

Now I'm calling $250,000 in six months, and all up from there. $1,$2 maybe $10 million before Bitcoin eclipses the use of the dollar. The Bitcoin network keeps growing while the dollar keeps shrinking.

𝗢𝗻 𝗲𝗻𝘁𝗿𝗲𝗽𝗿𝗲𝗻𝗲𝘂𝗿𝘀𝗵𝗶𝗽:

At Draper University, we've proven you can create and mould entrepreneurs from ordinary people. We've taken 6,000 founders, who started 2,000 companies. Six are already worth over a billion dollars. All in 15 years. The secret is getting people to realize it's okay to stick their necks out. 

The interview also covers why I still believe Elizabeth Holmes and CZ should be released, what my dad's Confederate million dollar bill taught me about currency.

Full episode is out now.

Co-Founder at Bevy / Startup Grind

Entertaining Divot chat with Bob Pearson who has crafted 100,000 surfboards at Arrow Surf Shop in Santa Cruz. Bob works 7-days a week, builds surfboards for the top surfers, was part of the chasing Mavericks story, survived sharks, and thinks he'll be a better surfboard maker in 10 years. Lots to learn from this amazing builder. Full episode links below.

When you talk to Tim Draper you can't help but smile and want to go make things happen. We spent an hour on Divot talking about why builders are super heroes, why he's never sold any of the Silk Road Bitcoins, and fixing broken systems. It's a very fun conversation.

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